Arun Shourie, a noted Journalist, Activist, Scholar and Columnist is the author of several books, several of them on a diverse range of subjects related to his journalistic interests, including corruption and brilliant exposé of the Indian Communist party's long-standing anti-national policies.

Arun Shourie spells out 15 tenets to boost economic growth in India

Former Union minister for disinvestment Arun Shourie today spelt out 15 cardinal principles to resolve India's economic growth hiccups and put the country on a higher growth trajectory.

"The first lesson that India should learn is to face the facts. Do not go by declarations but go by the facts. The second cardinal principle that the country should learn is to change. You must change in tune with time. Incessant and incredible steps to change are required," he said.

The third norm to spur growth is to focus on all sectors and it is no longer enough for India to be excellent in one or a few sectors. India being a large country should excel in sectors across the board, he said, delivering the 13th commemorative lecture organised by FedBank Hormis Foundation.

The next was that incremental steps to change were no longer enough. "What is needed is a tectonic shift in approaches," he said.

He said the country should be able to own up facts rather than shy away from them. Also the fact was that today's is a 'heartless world' which leaves no room for second rates but a country like India's size should be first rate in all spheres.

"The country must muster enough courage to shed shibboleths and old habits. Also building partnerships across the spectrum of society is an important step towards success. Giving more powers to states by devolving it from the centre is also important."